(a)Failures and Assistance Transactions of all Institutions by Transaction Type (Insured Deposit Transfer (IDT)) for the United States and Other Areas,
Number of Institutions, Not Seasonally Adjusted(BKTIDTA641N)

Units:

Transaction TypesInstitutions have been resolved through several different types of transactions. The transaction types outlined below can be grouped into three general categories, based upon the method employed to protect insured depositors and how each transaction affects a failed/assisted institution's charter. In most assistance transactions, insured and uninsured depositors are protected, the failed/assisted institution remains open and its charter survives the resolution process. In purchase and assumption transactions, the failed/assisted institution's insured deposits are transferred to a successor institution, and its charter is closed. In most of these transactions, additional liabilities and assets are also transferred to the successor institution. In payoff transactions, the deposit insurer - the FDIC or the former Federal Savings and Loan Insurance Corporation - pays insured depositors, the failed/assisted institution's charter is closed, and there is no successor institution. For a more complete description of resolution transactions and the FDIC's receivership activities, see Managing the Crisis: The FDIC and RTC Experience, a study prepared by the FDIC's Division of Resolutions and Receiverships. Copies are available from the FDIC's Public Information Center.

Category 1 Institution's charter survivesA/A Assistance Transactions. These include:1) transactions where assistance was provided to the acquirer, who purchased the entire institution. For a few FSLIC transactions, the acquirer purchased the entire bridge bank - type entity, but certain other assets were moved into a liquidating receivership prior to the sale, and2) open bank assistance transactions, including those where assistance was provided under a systemic risk determination (in such cases any costs that exceed the amounts estimated under the least cost resolution requirement would be recovered through a special assessment on all FDIC-insured institutions).REP Reprivatization, management takeover with or without assistance at takeover, followed by a sale with or without additional assistance.

Category 2 Institution's charter is terminated, insured deposits plus some assets and other liabilities are transferred to a successor charterP&A Purchase and Assumption, where some or all of the deposits, certain other liabilities and a portion of the assets (sometimes all of the assets) were sold to an acquirer. It was not determined if all of the deposits (PA) or only the insured deposits (PI) were assumed.PA Purchase and Assumption, where the insured and uninsured deposits, certain other liabilities and a portion of the assets were sold to an acquirer.PI Purchase and Assumption of the insured deposits only, where the traditional P&A was modified so that only the insured deposits were assumed by the acquiring institution.IDT Insured Deposit Transfer, where the acquiring institution served as a paying agent for the insurer, established accounts on their books for depositors, and often acquired some assets as well. Includes ABT (asset-backed transfer, a FSLIC transaction that is very similar to an IDT).MGR An institution where FSLIC took over management and generally provided financial assistance. FSLIC closed down before the institution was sold.

Category 3 PO Payout, where the insurer paid the depositors directly and placed the assets in a liquidating receivership.Note: Includes transactions where the FDIC established a Deposit Insurance National Bank to facilitate the payout process.

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For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line.
Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100).
As noted above, you may add other data series to this line before entering a formula.

(a)Failures and Assistance Transactions of all Institutions by Transaction Type (Insured Deposit Transfer (IDT)) for the United States and Other Areas,
Number of Institutions, Not Seasonally Adjusted(BKTIDTA641N)

Units:

Transaction TypesInstitutions have been resolved through several different types of transactions. The transaction types outlined below can be grouped into three general categories, based upon the method employed to protect insured depositors and how each transaction affects a failed/assisted institution's charter. In most assistance transactions, insured and uninsured depositors are protected, the failed/assisted institution remains open and its charter survives the resolution process. In purchase and assumption transactions, the failed/assisted institution's insured deposits are transferred to a successor institution, and its charter is closed. In most of these transactions, additional liabilities and assets are also transferred to the successor institution. In payoff transactions, the deposit insurer - the FDIC or the former Federal Savings and Loan Insurance Corporation - pays insured depositors, the failed/assisted institution's charter is closed, and there is no successor institution. For a more complete description of resolution transactions and the FDIC's receivership activities, see Managing the Crisis: The FDIC and RTC Experience, a study prepared by the FDIC's Division of Resolutions and Receiverships. Copies are available from the FDIC's Public Information Center.

Category 1 Institution's charter survivesA/A Assistance Transactions. These include:1) transactions where assistance was provided to the acquirer, who purchased the entire institution. For a few FSLIC transactions, the acquirer purchased the entire bridge bank - type entity, but certain other assets were moved into a liquidating receivership prior to the sale, and2) open bank assistance transactions, including those where assistance was provided under a systemic risk determination (in such cases any costs that exceed the amounts estimated under the least cost resolution requirement would be recovered through a special assessment on all FDIC-insured institutions).REP Reprivatization, management takeover with or without assistance at takeover, followed by a sale with or without additional assistance.

Category 2 Institution's charter is terminated, insured deposits plus some assets and other liabilities are transferred to a successor charterP&A Purchase and Assumption, where some or all of the deposits, certain other liabilities and a portion of the assets (sometimes all of the assets) were sold to an acquirer. It was not determined if all of the deposits (PA) or only the insured deposits (PI) were assumed.PA Purchase and Assumption, where the insured and uninsured deposits, certain other liabilities and a portion of the assets were sold to an acquirer.PI Purchase and Assumption of the insured deposits only, where the traditional P&A was modified so that only the insured deposits were assumed by the acquiring institution.IDT Insured Deposit Transfer, where the acquiring institution served as a paying agent for the insurer, established accounts on their books for depositors, and often acquired some assets as well. Includes ABT (asset-backed transfer, a FSLIC transaction that is very similar to an IDT).MGR An institution where FSLIC took over management and generally provided financial assistance. FSLIC closed down before the institution was sold.

Category 3 PO Payout, where the insurer paid the depositors directly and placed the assets in a liquidating receivership.Note: Includes transactions where the FDIC established a Deposit Insurance National Bank to facilitate the payout process.

Display integer periods instead of dates (e.g. ...,-1,0,1,...) with the value scaled to 100 at period 0.

Integer start/endto

As-of date: or select a vintage:

Modify frequency:

Aggregation method:

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line.
Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100).
As noted above, you may add other data series to this line before entering a formula.

Transaction TypesInstitutions have been resolved through several different types of transactions. The transaction types outlined below can be grouped into three general categories, based upon the method employed to protect insured depositors and how each transaction affects a failed/assisted institution's charter. In most assistance transactions, insured and uninsured depositors are protected, the failed/assisted institution remains open and its charter survives the resolution process. In purchase and assumption transactions, the failed/assisted institution's insured deposits are transferred to a successor institution, and its charter is closed. In most of these transactions, additional liabilities and assets are also transferred to the successor institution. In payoff transactions, the deposit insurer - the FDIC or the former Federal Savings and Loan Insurance Corporation - pays insured depositors, the failed/assisted institution's charter is closed, and there is no successor institution. For a more complete description of resolution transactions and the FDIC's receivership activities, see Managing the Crisis: The FDIC and RTC Experience, a study prepared by the FDIC's Division of Resolutions and Receiverships. Copies are available from the FDIC's Public Information Center.

Category 1 Institution's charter survivesA/A Assistance Transactions. These include:1) transactions where assistance was provided to the acquirer, who purchased the entire institution. For a few FSLIC transactions, the acquirer purchased the entire bridge bank - type entity, but certain other assets were moved into a liquidating receivership prior to the sale, and2) open bank assistance transactions, including those where assistance was provided under a systemic risk determination (in such cases any costs that exceed the amounts estimated under the least cost resolution requirement would be recovered through a special assessment on all FDIC-insured institutions).REP Reprivatization, management takeover with or without assistance at takeover, followed by a sale with or without additional assistance.

Category 2 Institution's charter is terminated, insured deposits plus some assets and other liabilities are transferred to a successor charterP&A Purchase and Assumption, where some or all of the deposits, certain other liabilities and a portion of the assets (sometimes all of the assets) were sold to an acquirer. It was not determined if all of the deposits (PA) or only the insured deposits (PI) were assumed.PA Purchase and Assumption, where the insured and uninsured deposits, certain other liabilities and a portion of the assets were sold to an acquirer.PI Purchase and Assumption of the insured deposits only, where the traditional P&A was modified so that only the insured deposits were assumed by the acquiring institution.IDT Insured Deposit Transfer, where the acquiring institution served as a paying agent for the insurer, established accounts on their books for depositors, and often acquired some assets as well. Includes ABT (asset-backed transfer, a FSLIC transaction that is very similar to an IDT).MGR An institution where FSLIC took over management and generally provided financial assistance. FSLIC closed down before the institution was sold.

Category 3 PO Payout, where the insurer paid the depositors directly and placed the assets in a liquidating receivership.Note: Includes transactions where the FDIC established a Deposit Insurance National Bank to facilitate the payout process.